Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 87.70

-3.8%

3:59 PM EST

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To: jmanvegas who wrote (15774)	2/18/1999 3:35:00 PM
From: jmanvegas	Read Replies (2) of 93625

To the thread: Full disclosure required here. I unloaded all my RMBS this morning in my regular accounts. Still kept a large position in my retirement account. Something's not right with Naz and, in particular, RMBS. Didn't want to hold and ride it down. Will look to buy at even lower prices - where - I don't know. But I got this feeling that we will see the 50's. I hope I'm wrong. I love RMBS and its long-term story but commissions are cheap compared to taking on additional losses in this stock. Old story - never fall in love with any company or stock. Just getting a little defensive now and I'm lightening up on other tech stocks as well. Capital preservation is my near-term motto. If you got the cash you can still play the game. I'll be back in. Leading tech stocks such as CSCO just broke their 50 DMA so I believe that today is a dead cat bounce. If I'm wrong and RMBS turns around dramatically, then I'll just let the shares I own in my retirement account do their thing. Good luck to all. I will be back in a major way. jmanvegas

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